Pension Information

2021 Pension payment dates –

Semi-monthly Only* All Pension Payments
January 15 January 29
February 12 February 26
March 15 March 31
April 15 April 30
May 14 May 28
June 15 June 30
July 15 July 30
August 13 August 31
September 15 September 30
October 15 October 29
November 15 November 30
December 15 December 30*

 

*Effective July 1, 2011, only those who meet ALL three exemption requirements are eligible to receive semi-monthly payments:

  1. Gross semi-monthly payment is $400 or less ($800 per month) on January 1, 2011
  2. Attain 80 years old on January 1, 2011 (i.e. date of birth is before January 2, 1931)
  3. Began receiving semi-monthly payments by 12/31/2002

 

 

 

 

* Final pension payment date in 2021 is December 30. A chart published earlier listed another date, which is being observed as a state holiday.

The following are changes that are allowed after retirement.  Please submit the appropriate forms to ERS for processing.

CHANGEFORM TO USEREMARKS
Bank Account and/or Financial InstitutionERS 210 Direct Deposit AgreementConfirm that pension payment is deposited to new account before closing old account
Federal Income Tax Withholding2021 W-4P Tax Withholding FormRefer to tax withholding tables for approximate federal income taxes to be withheld
Mailing AddressERS 211 Mailing Address ChangeTo ensure receipt of 1099-R tax statement, annual pension statement, Holomua newsletters, and ERS correspondence.